Oman recorded a Current Account deficit of 14.80 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Oman averaged 2.19 percent from 1980 until 2017, reaching an all time high of 17.84 percent in 1981 and a record low of -22.47 percent in 1998.

Current Account to GDP in Oman is expected to be -3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Current Account to GDP is projected to trend around -1.60 percent in 2020, according to our econometric models.

Oman Current Account to GDP
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Oman Trade Last Previous Highest Lowest Unit
Balance of Trade 552.50 389.50 2379.00 -117.60 OMR Million [+]
Exports 1359.70 1271.20 1992.00 423.00 OMR Million [+]
Imports 807.20 881.70 1392.10 242.50 OMR Million [+]
Current Account -4137.00 -4737.00 3403.00 -4737.00 OMR Million [+]
Current Account to GDP -14.80 -18.50 17.84 -22.47 percent [+]
Capital Flows 3481.00 1700.00 4741.00 -2411.00 OMR Million [+]
Gold Reserves 0.02 0.02 9.05 0.02 Tonnes [+]
Crude Oil Production 976.00 974.00 1057.00 693.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Tourist Arrivals 394.00 236.00 436.00 123.00 thousand [+]
Foreign Direct Investment 1122.00 871.00 1281.00 -835.00 OMR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Oman Current Account to GDP

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Oman Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-14.80 -18.50 17.84 -22.47 1980 - 2017 percent Yearly




Country Last
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


Related

Latest